4//SEC Filing
Gil Benavides Jesus Salvador 4
Accession 0000950170-24-010459
CIK 0001320854other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:00 PM ET
Size
18.5 KB
Accession
0000950170-24-010459
Insider Transaction Report
Form 4
Gil Benavides Jesus Salvador
Director
Transactions
- Disposition to Issuer
Employee Stock Option
2024-01-31−33,045→ 17,022 totalExercise: $3.22Exp: 2024-04-30→ Common Stock (33,045 underlying) - Disposition to Issuer
Employee Stock Option
2024-01-31−14,141→ 28,709 totalExercise: $3.82Exp: 2024-04-30→ Common Stock (14,141 underlying) - Disposition to Issuer
Employee Stock Option
2024-01-31−59,638→ 0 totalExercise: $2.73Exp: 2024-01-31→ Common Stock (59,638 underlying) - Disposition to Issuer
Common Stock
2024-01-31−106,789→ 28,772 total
Holdings
- 12,608
Employee Stock Option
Exercise: $3.81Exp: 2024-04-30→ Common Stock (12,608 underlying) - 300,000
Employee Stock Option
Exercise: $2.38Exp: 2024-04-30→ Common Stock (300,000 underlying) - 640,603(indirect: See footnote)
Common Stock
- 316,013(indirect: See footnote)
Common Stock
Footnotes (11)
- [F1]Forfeiture of unvested restricted shares pursuant to Rule 16b-3(e) upon recipient's voluntary resignation and termination of employment status effective January 31, 2024. Forfeiture of restricted shares was contemplated in the terms of the awards when the awards were approved.
- [F10]On January 28, 2021, the recipient was granted 12,608 options which are fully vested and exercisable. The recipient's employment status was terminated on January 31, 2024. As such, the options remain fully vested and exercisable until April 30, 2024, at which point the options will be forfeited if not exercised.
- [F11]On January 5, 2021, the recipient was granted 300,000 cash settled stock appreciation rights which are fully vested and exercisable. The recipient's employment status was terminated on January 31, 2024. As such, the options remain fully vested and exercisable until April 30, 2024, at which point the options will be forfeited if not exercised.
- [F2]The restricted shares were granted pursuant to the Issuer's 2022 Long Term Incentive Plan and no consideration was paid by the recipient for the restricted shares upon grant or forfeiture.
- [F3]Represents 640,603 shares owned by Fabricaciones y Servicios de Mexico, S.A. de C.V., a corporation in which Jesus Salvador Gil Benavides owns 33% of the equity interests, and therefore is deemed to have voting and dispositive power over 33% of the shares held by such entity. Fabricaciones y Servicios de Mexico, S.A. de C.V., which is owned by Jesus Salvador Gil Benavides, Alejandro Gil and Salvador Gil, owns a total of 1,941,221 shares of common stock of the Company.
- [F4]Represents 316,013 shares owned by Agben de Mexico, S.A. de C.V., a corporation in which Jesus Salavdor Gil Benavides owns 99% of the equity interests, and therefore is deemed to have voting and dispositive power over the securities held by such entity.
- [F5]Forfeiture of unvested options pursuant to Rule 16b-3(e) upon recipient's voluntary resignation and termination of employment status effective January 31, 2024. Forfeiture of options was contemplated in the terms of the awards when the awards were approved.
- [F6]On January 4, 2024 the recipient was granted 59,638 options. The recipient's employment status was terminated and the options forfeited in full. Forfeiture of the options was contemplated under the terms of the award when the award was approved.
- [F7]The options were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient upon grant or forfeiture.
- [F8]On January 6, 2023, the recipient was granted 50,067 options. 33,045 options forfeited on January 31, 2024 when the recipient's employment status was terminated. Forfeiture of the options was contemplated under the terms of the award when the award was approved. 17,022 options are fully vested and exercisable until April 30, 2024, at which point the options will be forfeited if not exercised.
- [F9]On January 17, 2022, the recipient was granted 42,850 options. 14,141 options forfeited on January 31, 2024 when the recipient's employment status was terminated. Forfeiture of the options was contemplated under the terms of the award when the award was approved. 28,709 options are fully vested and exercisable until April 30, 2024, at which point the options will be forfeited if not exercised.
Documents
Issuer
FreightCar America, Inc.
CIK 0001320854
Entity typeother
Related Parties
1- filerCIK 0001828994
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 4:00 PM ET
- Size
- 18.5 KB